Pizza Hut is now accepting cryptocurrency payments at all locations in Venezuela through a partnership with Panamanian crypto payments startup Cryptobuyer.
Cryptobuyer announced the integration of its point-of-sale payment solution with Pizza Hut in a Youtube video.
“Today we announce a new great ally, a world-class company, and a global brand, Pizza Hut… It is an honor to have had this collaboration with Mr. Khouri (Richard Khouri), who is the general manager of Pizza Hut for Venezuela, who has taken on the challenge of being the first company to install our physical outlets.”
Cryptobuyer reveals in an Instagram post that Pizza Hut customers at branches in Caracas, Maracay, Maracaibo and Barquisimeto can pay with Bitcoin (BTC) along with eight other cryptocurrencies.
“Starting today, you can share with your family and pay with cryptocurrencies: Bitcoin, Dash, XPT (Cryptobuyer Token), Ethereum (ETH), Litecoin (LTC), BUSD (Binance USD), Dai, USDT (Tether), BNB (Binance Coin) in any of the Pizza Hut restaurants in Venezuela.”
By the end of the year, Cryptobuyer CEO Jorge Farias expects that more than 100,000 businesses will offer crypto payments to their customers.
“This is the beginning of a definitive trend where we will see how new technologies are presented as a real alternative for financial inclusion … It has been a long and successful process, where a professional company with more than 30 years in the market sees a real incentive to accept cryptocurrencies as a new form of payment.”